Liquidators of Three Arrows Capital are now suing Terraform Labs for $1.3 billion: Bloomberg

The case alleges that TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for those tokens “in a manner that artificially inflated the price for the assets” before wiping them out, the liquidators said in court documents, according to Bloomberg.

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Published on August 13, 2024 00:48
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